#TrumpTariffs Trump tariffs refer to trade duties imposed by former U.S. President Donald Trump, mainly during his 2018–2020 trade war with China. These tariffs targeted hundreds of billions of dollars' worth of Chinese goods, aiming to reduce the U.S. trade deficit and protect American industries. Products like steel, aluminum, electronics, and consumer goods faced higher import taxes. In response, China retaliated with tariffs on U.S. exports, affecting farmers and manufacturers. While supporters claimed the tariffs pressured China and revived U.S. manufacturing, critics argued they raised costs for American businesses and consumers. The tariffs reshaped global supply chains, forced trade negotiations, and influenced markets worldwide. Even after Trump left office, many of his tariffs remained, highlighting their lasting impact on global trade and economic policy.
#TrumpTariffs #TradeWar #USChinaTardingTalk